Looking to diversify beyond EGRW.L? The ETFs below have the lowest correlation with EGRW.L — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from EGRW.L.
Best Diversifiers for EGRW.L
1 ETFs have low correlation with EGRW.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Physical Silver (PHSP.L) (Silver) with a 1Y correlation of 0.26, up from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Physical Silver | 0.26 | 0.18 | 0.14 | 56 | Silver, Precious Metals | EGRW.L vs PHSP.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.33 | 0.26 | 0.26 | 99 | Europe Equities | EGRW.L vs JRDZ.L | |
| Franklin European Quality Dividend UCITS ETF | 0.34 | 0.35 | 0.31 | 80 | Europe Equities | EGRW.L vs FLXD.L | |
| UBS ETF (LU) Factor MSCI EMU Prime Value UCITS ETF... | 0.49 | 0.31 | 0.25 | 90 | Europe Equities | EGRW.L vs UD03.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.52 | 0.40 | 0.35 | 61 | Europe Equities | EGRW.L vs SPOL.L |
See all 21 diversifiers for EGRW.L
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